President Joe Biden loosened intellectual property restrictions on COVID-19 vaccines last week in an effort to slow the pandemic — which, reminder, is very much still going on. On today’s show, we’ll follow on that news a bit and talk about where the real money is made from those vaccines. Plus: The Food and Drug Administration says yes to vaccines for more teens, attorneys general say no to Instagram for kids, and America says “well … OK” to the return of Bennifer.

Here’s everything we talked about today:

• “States Urge Facebook to Abandon Plan for Children’s Instagram” from The Wall Street Journal
• “Indian coronavirus mutation a ‘variant of concern’” from The New York Times
• “Why Joe Biden Punched Big Pharma in the Nose Over Covid Vaccines” from Matt Stoller’s newsletter “Big”
• Ben Affleck and J. Lo are on the same schedule as the cicadas